Catsch: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Catsch
Largest movements
- Cash -€12,241
down €12,241 (-16.0%), from €76,619 to €64,378
mainly Net result for the year (-€9,402) and Tax, wage and social debts (-€6,969)
- Receivables after one year +€5,150
new in 2025: €5,150
- Receivables within one year -€4,352
down €4,352 (-52.0%), from €8,370 to €4,018
of which Trade receivables: -€4,367
- Deferred charges and accrued income +€4,146
up €4,146 (+741.7%), from €559 to €4,705
- Tangible fixed assets -€3,589
down €3,589 (-43.5%), from €8,255 to €4,665
of which Furniture and vehicles: -€1,909
- Profit (loss) carried forward -€9,402
new in 2025: -€9,402
- Tax, wage and social debts -€6,969
down €6,969 (-36.2%), from €19,228 to €12,259
- Other debts +€2,460
up €2,460 (+74.7%), from €3,293 to €5,753
- Advances received +€1,997
new in 2025: €1,997
- Trade debts +€1,028
up €1,028 (+46.0%), from €2,235 to €3,263
- Gross operating margin -€60,565
down €60,565, from €53,598 to -€6,967
- Taxes -€11,518
down €11,518 (-100.0%), from €11,518 to €0
- Depreciation +€796
up €796 (+46.5%), from €1,713 to €2,509
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,803 | €82,916 | -€10,886 | -11.6% |
| Fixed assets | 21/28 | €8,255 | €4,665 | -€3,589 | -43.5% |
| Tangible fixed assets | 22/27 | €8,255 | €4,665 | -€3,589 | -43.5% |
| Plant, machinery and equipment | 23 | €2,262 | €582 | -€1,680 | -74.3% |
| Furniture and vehicles | 24 | €5,992 | €4,083 | -€1,909 | -31.9% |
| Current assets | 29/58 | €85,548 | €78,251 | -€7,297 | -8.5% |
| Amounts receivable after more than one year | 29 | - | €5,150 | +€5,150 | |
| Other amounts receivable | 291 | - | €5,150 | +€5,150 | |
| Amounts receivable within one year | 40/41 | €8,370 | €4,018 | -€4,352 | -52.0% |
| Trade receivables | 40 | €8,370 | €4,003 | -€4,367 | -52.2% |
| Other amounts receivable | 41 | - | €15 | +€15 | |
| Cash at bank and in hand | 54/58 | €76,619 | €64,378 | -€12,241 | -16.0% |
| Deferred charges and accrued income | 490/1 | €559 | €4,705 | +€4,146 | +741.7% |
| Total equity and liabilities | 10/49 | €93,803 | €82,916 | -€10,886 | -11.6% |
| Equity | 10/15 | €69,046 | €59,644 | -€9,402 | -13.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €66,046 | €66,046 | = | 0.0% |
| Distributable reserves | 133 | €66,046 | €66,046 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€9,402 | -€9,402 | |
| Amounts payable | 17/49 | €24,756 | €23,272 | -€1,484 | -6.0% |
| Amounts payable within one year | 42/48 | €24,756 | €23,272 | -€1,484 | -6.0% |
| Trade debts | 44 | €2,235 | €3,263 | +€1,028 | +46.0% |
| Suppliers | 440/4 | €2,235 | €3,263 | +€1,028 | +46.0% |
| Advances received on contracts in progress | 46 | - | €1,997 | +€1,997 | |
| Taxes, remuneration and social security | 45 | €19,228 | €12,259 | -€6,969 | -36.2% |
| Taxes | 450/3 | €19,228 | €12,259 | -€6,969 | -36.2% |
| Other amounts payable | 47/48 | €3,293 | €5,753 | +€2,460 | +74.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €76 | +€76 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,713 | €2,509 | +€796 | +46.5% |
| Other operating charges | 640/8 | €62 | €0 | -€62 | -100.0% |
| Gross operating margin | 9900 | €53,598 | -€6,967 | -€60,565 | |
| Operating profit (loss) | 9901 | €51,824 | -€9,475 | -€61,299 | |
| Financial income | 75/76B | - | €50 | +€50 | |
| Recurring financial income | 75 | - | €50 | +€50 | |
| Financial charges | 65/66B | €126 | -€24 | -€149 | |
| Recurring financial charges | 65 | €126 | -€24 | -€149 | |
| Profit (loss) for the period before taxes | 9903 | €51,698 | -€9,402 | -€61,100 | |
| Income taxes | 67/77 | €11,518 | €0 | -€11,518 | -100.0% |
| Profit (loss) for the period | 9904 | €40,180 | -€9,402 | -€49,582 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,180 | -€9,402 | -€49,582 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.